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Maintain centralized control of product and service rates.

Define base rates, effective dates, and revision policies for materials, products, and services in a unified database.

• Centralized Product Rate Master
• Effective Date & Validity Controls
• Multi-level Rate Definition (Product, Category, Vendor)

Manage purchase rate changes efficiently.

Track vendor-wise rate changes, apply new prices automatically in purchase orders, and maintain historical records.

• Vendor-wise Rate Revision Requests
• Auto-Update Purchase Orders with Approved Rates
• Supplier Rate Comparison Reports

Handle customer-specific pricing and adjustments.

Revise selling rates based on agreements, market changes, or discounts, ensuring transparent communication and tracking.

• Customer-wise Rate Management
• Contract-based Price Updates
• Auto-Sync with Sales Orders & Invoices

Ensure authorized and auditable rate changes.

Implement multi-level approval for rate revisions with digital authorization and user-based access control.

• Multi-level Approval Hierarchy
• Real-time Notification for Pending Approvals
• Digital Authorization with Audit Trail

Maintain complete transparency of rate changes.

Track historical rate revisions for every product, vendor, and customer with version control and timestamps.

• Rate Change Logs & Version Control
• User and Timestamp Tracking
• Old vs. New Rate Comparison

Keep your entire ERP synchronized with rate changes.

Automatically reflect updated rates in purchase orders, quotations, and invoices to maintain consistency.

• Seamless ERP Integration
• Automatic Updates Across Modules
• Error-free Rate Synchronization

Analyze rate changes and their business impact.

Generate insightful reports to review pricing trends, vendor rate fluctuations, and profitability metrics.

• Vendor-wise & Customer-wise Rate Trend Reports
• Cost Impact & Margin Analysis
• Historical Comparison Dashboards